UMB Financial Corporation announced on September 2, 2025, that its UMB Healthcare Services division has completed the purchase of a Health Savings Account (HSA) portfolio from Old National Bank. This acquisition includes more than 8,000 HSAs.
The transaction also involved approximately $32.5 million in related deposits. These accounts were previously associated with Old National Bank's acquisition of Bremer Bank.
This strategic acquisition expands UMB's presence in the growing healthcare payment solutions market, a key fee-based business segment. The addition of these HSAs and deposits further strengthens UMB's specialized service offerings and deposit base.
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